Resumen
This study aims to determine the prediction of bankruptcy at PT BPR Primaesa Sejahtera Manado using the Altman Z-Score Modification model with the formula Z = 6.56 X1 + 3.26 X2 + 6.72 X3 + 1.05 X4, with a benchmark value of Z-Score grouped into three categories, including, bankrupt (Z <1.1), grey area (1.12.6). The data collection techniques were documentation and interviews. The data was analised by descriptive analysis with a quantitative approach to PT BPR Primaesa Sejahtera Manado's financial statements consisting of balance sheets and income statements. The findings of the study indicate that the Z-Score value was 1.634125352, 1.445699781, -0.352054013, -0.298088193 and -0.465807943 implying that PT BPR Primaesa Sejahtera Manado is in the gray area, or at risk of bankruptcy. The results of the study in the 2015-2019 period shows a benchmark of Z<2.6, signifying that PT BPR Primaesa Sejahtera Manado is predicted to potentially suffer bankruptcy in the future.